Copper Investing News» copper price

Copper Rises as Fed Seen Keeping Low Rates Until 2014

Shihoko Goto — Fri, 27 Jan 2012 12:00:37 +0000

Copper gains on expectations that the Federal Reserve will keep rates low until 2014 in order to keep the US economy's path to recovery on even keel.

Copper Gains on US Outlook, China Easing Hopes

Shihoko Goto — Fri, 20 Jan 2012 12:00:38 +0000

Copper is rising on signs of improvement in the US economy, and hopes that China will ease credit to jump-start the economy.

Copper Prices Retreat; KGHM Bids for Quadra FNX

Leia — Wed, 07 Dec 2011 12:15:13 +0000

European copper producer KGHM announced on Tuesday its acquisition of Canadian copper miner Quadra FNX.

Copper Futures Down on Slowing Global Manufacturing

Leia — Fri, 02 Dec 2011 11:30:07 +0000

Copper futures closed down on Thursday as data pointing toward slowing manufacturing growth put the growth-sensitive red metal under pressure.

Copper Futures Lifted by Bullish US Data, Eurozone Debt Action Plan

Leia — Wed, 30 Nov 2011 11:17:21 +0000

Copper futures were volatile on Tuesday, but closed higher for the second-straight day as better-than-expected US consumer confidence data and a relative calm tone in the European markets overshadowed a disappointing home sales data.

Freeport Declares Force Majeure, Copper Positioned to Rally

Leia — Wed, 02 Nov 2011 01:10:57 +0000

A strike at Freeport McMoRan's Grasberg project in Indonesia has impacted the company's copper output and aided in tightening the copper supply chain as a whole, positioning copper for a price rally.

Copper Slumps on China’s Slowdown, Eyes on EU Meeting

Shihoko Goto — Fri, 21 Oct 2011 00:47:43 +0000

Copper tumbled as the once red-hot Chinese economy slows down and Eurozone worries persist.

Copper Thieves Persist; Lawmakers Respond

Gerelyn Terzo — Tue, 11 Oct 2011 23:10:07 +0000

There has been a recent surge in scrap-metal thieves attempting to cash in on copper's worth. As the recent price weakness may correct and attract more crime, the market is preparing, and lawmakers are cracking down.

Copper Futures Flat due to Economic Uncertainty

Leia — Thu, 29 Sep 2011 23:15:32 +0000

Copper futures ended nearly flat Thursday, supported by some better-than-expected US economic data; however, futures remained under pressure due to the sentiment that the global economy is barreling towards another recession.

Excalibur Finalizes Private Placement Financing

Geetha — Mon, 26 Sep 2011 19:03:13 +0000

Excalibur Resources Ltd. (CNQ:XBR) reported that it has finalized non-brokered flow-through and non flow-through private placements for total proceeds of $718,000.